General Fusion has secured more than $20 million in financing from Canadian Nuclear Laboratories and BDC Capital to advance its Lawson Machine 26 reactor project in BC. The LM26 aims to achieve critical scientific milestones, including heating plasma to 100 million degrees Celsius.
This funding follows previous investments, bringing General Fusion closer to its goal of demonstrating viable nuclear fusion technology. The company has raised about two-thirds of the necessary funds and plans to continue scaling its efforts in the evolving fusion energy market.
Want to know more? Check out the source code on Techcouver.